Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
Search results
Baidu’s highway assisted driving system now available on WM Motor vehicles
China’s leading search engine Baidu is rushing to lead the race in popularizing driver-assistance features on consumer cars.
Baidu introduces new robotaxi, slashing manufacturing costs
Baidu on Thursday unveiled a new robotaxi model, called Apollo Moon, with a manufacturing cost significantly lower than competitors.
Baidu invests further in WM Motor to raise stakes in smart mobility
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.